De Blasio charity | Cuomo fundraising | Apple, IBM

The national parent of the city's teachers' union donated $350,000 to a charity that aides to Mayor Bill de Blasio administer, less than a month before Mr. de Blasio struck a labor contract with the union. Gov. Andrew Cuomo now has more than $35 million on hand for his re-election campaign, far more than his GOP opponent, Westchester County Executive Rob Astorino. Apple and...

The American Federation of Teachers, the parent union of the city’s United Federation of Teachers, donated $350,000 to a charity that aides to Mayor Bill de Blasio administer—less than a month before Mr. de Blasio struck a labor contract with the UFT. The money from the Campaign for One New York raises questions about undue influence on administration-union negotiations. [The Insider]

Plus: The Campaign for One New York spent almost $1.7 million during Mr. de Blasio’s first six months in office to promote his agenda, according to new filings. [The New York Times]

Gov. Andrew Cuomo now has more than $35 million on hand for his re-election campaign, having raised $8.5 million in the past six months. His GOP challenger, Westchester County Executive Rob Astorino, raised more than $3.4 million during the same period and has $2.4 million in cash to spend. [The Wall Street Journal]

Plus: Staten Island Rep. Michael Grimm raised $23,430 from June 5 through June 30, a small amount, owing in part to his indictment for alleged tax evasion and hiring undocumented workers. [Daily News]

Apple and IBM announced an exclusive partnership Tuesday to develop and market about 100 different mobile apps designed for a variety of industries. The apps, expected to launch this fall, will cull from the financial-data tools that IBM sells to companies. The partnership could also help Apple unload more iPhones and iPads to corporate customers. [Crain’s New York Business]

Plus: Samsung Electronics North America has leased the entire building at 837 Washington St. in Manhattan’s meatpacking district. [Real Estate Weekly]

Bank of America’s incoming class of full-time analysts and associates will be almost 40% bigger than last year’s. The move to hire more junior bankers is in line with a wider Wall Street trend to improve the working conditions of the youngest employees at big firms. BofA also plans to increase staffing levels for entry-level bankers. [DealBook]

Long Island City, Queens-based café chain Coffeed plans to open its first Manhattan location this October at 590 Sixth Ave. In a deal with the landlord, the New York Foundling, the company will pay about $6,000 a month for the 745-square-foot space, roughly half the going rate for such a space in the area. The charity will get a percentage of the café’s sales. [Crain’s New York Business]

Macy’s has hit the brakes on the renovation of its Brooklyn flagship as it considers a sale of the 841,000-square-foot property at 422 Fulton St. In today’s Brooklyn real estate market, the retailer could get about $300 million for the building from a developer looking to refashion it into condos or some other use. [Women’s Wear Daily]

Rival auction houses Sotheby’s and Christie’s reported strong sales gains during the first half of 2014. London-based Christie’s hit a record high of $4.5 billion for the six-month period, a 22% increase from the same time in 2013. Manhattan-based Sotheby’s auctioned $3.3 billion in art, up 29.4% from the first half of last year. [The Wall Street Journal]

Jason Helgerson, New York’s Medicaid director, updated health care professionals yesterday about the state’s reforms. To date, 235 Medicaid initiatives have been implemented. Medicaid spending per enrollee has also fallen to $8,500, comparable to 2003's totals year-to-date. Medicaid expenditures were also about $7 million below projections for 2014 through April. [Crain’s Health Pulse]

Plus: Dr. Herbert Pardes, former president and CEO of New York-Presbyterian Hospital, continues to reap a financial windfall from his former employer as executive vice chairman of its board of trustees. [The New York Times]

The city’s crackdown on speeding in school zones resulted in about 41,000 tickets from mid-January to the end of May, according to new figures. The city owned 200 of those ticketed vehicles, and an estimated 4,000 had taxi and limousine license plates. The vast majority, about 34,000, were regular passenger cars. [New York Post]

New York Yankees shortstop Derek Jeter was apparently tossed a grooved pitch during his last All-Star Game on Tuesday. Adam Wainwright, pitching for the National League, said he deliberately threw one that Mr. Jeter could hit—which he did, lining a double—because the Yankee captain, who is retiring at the end of this season, had just bid an emotional farewell to the crowd at Target Field in Minneapolis. The American League won, 5-3. [Daily News]

Correction: Medicaid spending per enrollee has also fallen to $8,500, comparable to 2003's totals year-to-date. Medicaid expenditures were also about $7 million below projections for 2014 through April. The vast majority, about 34,000, were regular passenger cars. Those facts were misstated in an earlier version of this article published online July 16, 2014.

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